Assignment: Thinking Strategically
Length: 800 words, APA Format
Develop the capacity to think strategically about a company, its business model and position within the industry, and the attainment of a competitive advantage.
Acquire skills in conducting strategy, developing strategic options, analyzing action alternatives, making strategic decisions, and effective policy and strategy implementation.
Task
Write 800 words that respond to the following questions:
Part 1 (post this response in the main U2 DB thread "Unit 2 Discussion Board")
In the Unit 1 Discussion Board, you reviewed a strengths, weaknesses, opportunities, threats, and trends (SWOTT) analysis of a fast-food franchise that was done in 2013. There have been many more recent changes with the fast-food giant toward improved business results. Read this article on these changes, and conduct a brief SWOTT analysis based on these new changes.
Strengths: The internal and external characteristics of a company that are stronger than its competitors
Weaknesses: The internal and external characteristics of a company that are weaker than its competitors
Opportunities: The issues internal and external to a company that can affect the company and its competitors in a favorable way
Threats: The issues internal and external to a company that can affect the company and its competitors in an unfavorable way
Trends: The internal and external patterns in the organization, market, or industry
Part 2 (post this response in the appropriate topic within U2 DB (labeled "for" and "against")
Based on the first initial of your last name, complete the following:
First initial A-M: Provide an argument for the success of the strategies that a fast-food franchise has instituted. Submit your position by posting in the Unit 2 Debate forum under the for topic.
First initial N-Z: Provide an argument against the ability of a fast-food franchise to succeed with these strategies. Submit your position by posting in the Unit 2 Debate forum under the against topic.
In both considerations, provide research that supports your assertions.
Reference
Peterson, H. (2015, May 2). McDonald's is about to unveil a huge plan to save its business - Here are 8 things investors need to hear. Retrieved from the Business Insider Web site.